0001628280-23-033911.txt : 20231004 0001628280-23-033911.hdr.sgml : 20231004 20231004212640 ACCESSION NUMBER: 0001628280-23-033911 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231002 FILED AS OF DATE: 20231004 DATE AS OF CHANGE: 20231004 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Scott Kim CENTRAL INDEX KEY: 0001796791 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41783 FILM NUMBER: 231309686 MAIL ADDRESS: STREET 1: 150 PEABODY PL CITY: MEMPHIS STATE: TN ZIP: 38103 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Vestis Corp CENTRAL INDEX KEY: 0001967649 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MISCELLANEOUS NONDURABLE GOODS [5190] IRS NUMBER: 922573927 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 BUSINESS ADDRESS: STREET 1: 500 COLONIAL CENTER PARKWAY STREET 2: SUITE 140 CITY: ROSWELL STATE: GA ZIP: 30076 BUSINESS PHONE: 470-226-3655 MAIL ADDRESS: STREET 1: 500 COLONIAL CENTER PARKWAY STREET 2: SUITE 140 CITY: ROSWELL STATE: GA ZIP: 30076 FORMER COMPANY: FORMER CONFORMED NAME: Epic NewCo, Inc. DATE OF NAME CHANGE: 20230228 4 1 wk-form4_1696469189.xml FORM 4 X0508 4 2023-10-02 0 0001967649 Vestis Corp VSTS 0001796791 Scott Kim VESTIS CORPORATION 500 COLONIAL CENTER PARKWAY, SUITE 140 ROSWELL GA 30076 1 1 0 0 President and CEO 0 Common Stock, par value $0.01 per share 2023-10-02 4 A 0 40173 A 40173 D Common Stock, par value $0.01 per share 2023-10-02 4 A 0 13216 A 53389 D Common Stock, par value $0.01 per share 2023-10-02 4 A 0 17925 A 71314 D Common Stock, par value $0.01 per share 2023-10-02 4 A 0 27190 0 A 98504 D Stock Option (Right to Buy) 18.09 2023-10-02 4 A 0 53765 0 A 2031-11-18 Common Stock, par value $0.01 per share 53765 53765 D Stock Option (Right to Buy) 19.76 2023-10-02 4 A 0 62984 0 A 2032-11-17 Common Stock, par value $0.01 per share 62984 62984 D Premium Stock Option (Right to Buy) 20.41 2023-10-02 4 A 0 320000 0 A 2033-10-02 Common Stock, par value $0.01 per share 320000 320000 D Stock Option (Right to Buy) 17.01 2023-10-02 4 A 0 65050 0 A 2033-10-02 Common Stock, par value $0.01 per share 65050 65050 D The transactions reported herein are the result of the consummation on September 30, 2023 of the distribution of approximately 130,725,188 shares of common stock of Vestis Corporation ("Vestis") by Aramark ("Aramark") to holders of Aramark common stock on a pro rata basis (the "Spin-Off"). Represents conversion of an award of restricted stock units granted by Aramark into restricted stock units with respect to Vestis common stock as a result of the Spin-Off, which will vest 100% on October 18, 2023. Each restricted stock unit represents the right to receive, at settlement, one share of Vestis common stock. Represents conversion of an award of restricted stock units granted by Aramark into restricted stock units with respect to Vestis common stock as a result of the Spin-Off, which will vest 50% on November 18, 2023 and 50% on November 18, 2024. Represents conversion of an award of restricted stock units granted by Aramark into restricted stock units with respect to Vestis common stock as a result of the Spin-Off, which will vest 25% on November 17, 2023, 25% on November 17, 2024, 25% on November 17, 2025, and 25% on November 17, 2026. Represents a grant of restricted stock units, which vests in three equal annual installments beginning on the first anniversary of the grant date. Represents conversion of an option to purchase Aramark common stock granted by Aramark into the option to purchase Vestis common stock as a result of the Spin-Off, of which 33.33% is fully vested, 33.33% vests on November 18, 2023, and 33.34% vests on November 18, 2024. The exercise price reflects the adjustments that occurred as of October 2, 2023 in connection with the Spin-Off as described in the registration statement on Form 10 filed with the SEC by Vestis. Represents conversion of an option to purchase Aramark common stock granted by Aramark into the option to purchase Vestis common stock as a result of the Spin-Off, of which 25% vests on November 17, 2023, 25% vests on November 17, 2024, 25% vests on November 17, 2025 and 25% vests on November 17, 2026. The exercise price reflects the adjustments that occurred as of October 2, 2023 in connection with the Spin-Off as described in the registration statement on Form 10 filed with the SEC by Vestis. Represents a premium price option to purchase shares of Vestis common stock, which vests on the third anniversary of the date of grant. Represents an option to purchase shares of Vestis common stock, which vests in three equal annual installments beginning on the first anniversary of the grant date. /s/ Timothy Donovan, General Counsel, as Attorney-in-fact 2023-10-04